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A new report from Greenwich Associates, a provider of market intelligence and advisory services to the financial services industry, tries to answer the question: “Why have the tech and financial industries lagged their own blockchain expectations?” It identifies technical challenges as causing corporations to fail to deliver on the hype they created around a buzzword … Read more
“Big four” audit giant PwC to provide tech expertise to decentralized lending platform Cred in release of USD-backed stablecoin Go to Source Powered by WPeMatico
Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. Bilateral loans, especially from China, add … Read more
A group of 14 Italian banks has successfully completed the first stage of its blockchain-powered interbank system project Go to Source Powered by WPeMatico
Chinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push towards greater business transparency by the company ahead of its rumored massive IPO. Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Bitmain Transparency Policy Bitmain … Read more
The cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also read: Yahoo! … Read more
SPINDLE, which instantaneously became the largest ICO in Japan , will launch its first crowdsale. The crowdsale will be held globally for one week only (except for residents in Japan / USA / China). In this Crowdsale, only ETH and BCH will be accepted from strategic implications. The post PR: SPINDLE to Launch Crowdsale – … Read more
Thanks to Blockchain, it’s never been that easy to trace where products come from, be it microchips, diamonds, or mangoes #ANALYSIS Go to Source Powered by WPeMatico
There are many reasons why so many people are showing an interest in Bitcoin these days. For the majority of holders, they simply hope to become rich without much effort in the months and years to come. Edward Snowden, on the other hand, is concerned about Bitcoin for many reasons. In particular, the currency’s lack of privacy … Read more
With Vitalik Buterin declaring that 90 percent of all ICOs will fail, investors are feeling far from confident. In an unregulated landscape peppered with scam artists, hackers, and evil deeds, it’s no wonder the ICO fundraising mechanism has gotten a bad rap. EY research shows that over 10 percent of all ICO funds have been stolen so … Read more
